Case details

Print
Merger control
Case reference
CCENT/2006/53 - INVESTIFINO/SOARES DA COSTA
Acquiring
Interfino
Description
is part of an economic group owned by the Fino family, which carries out its activities in three business areas: non-food distribution (home textiles and cosmetics), property, and financial holdings. In the field of the management of financial holdings, it has sole control of three holding companies (Fino Participações SGPS, SA, Manuel Fino SGPS, SA and Carfino SGPS, SA);
Acquired
Soares da Costa Construção, SGPS, S.A.
Description
is active in the management of shareholdings in other companies as an indirect form of exercising economic activities (particularly construction and public works in general, subsidiary building industries or highly specialized industries).
Sector
  • Construction
Activity (NACE)
  • F42 - Civil engineering
Applicable legislation
Art. 9(1)(b) (Law 18)
Notification thresholds
Turnover
Type of merger
Conglomerate
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
Notified on 31 October 2006, this merger consists of the acquisition of sole control of Grupo Soares da Costa SGPS, SA - Sociedade Aberta (henceforth GSC) by Investifino - Investimentos e Participações SGPS, SA (henceforth Investifino), following the preliminary announcement of the launch of a bid to purchase 100% of the shares representing the registered capital of GSC.
Timeline
Click here to see your activities